Is it possible for corporations to have too much cash? Of course it is. A sure sign of this is when they pay silly money for acquisitions. As I posted on the day, WhatsApp at $19B is a silly money acquisition for FaceBook when they have their own far superior Messenger App. It can be used across multiple devices with one login (i.e. it is not phone number dependent so the same messages on your iPad can be viewed your Android phone). Now some bright spark at Facebook has realised this and the company is forcing all Facebook Users to download it if they want to send private messages. Go Figure!
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